BITCOIN DOMINANCE UPDATE!
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Welcome to this BTC Dominance update. BTC Dominance is trading inside a channel and rejecting from the middle line of the channel so that's we have seen a relief rally in altcoins.
Now BTC dominance has a local resistance here around 41.2 level so I'm expecting a bounce from here and if BTC dominance bouncing from here then Alts start bleeding again so be careful.
If Dominance break below the 41.2 level then expecting it to reach 39 level and that will be great for altcoins. So keep any eye on this support level.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this BTC Dominance update. BTC Dominance is trading inside a channel and rejecting from the middle line of the channel so that's we have seen a relief rally in altcoins.
Now BTC dominance has a local resistance here around 41.2 level so I'm expecting a bounce from here and if BTC dominance bouncing from here then Alts start bleeding again so be careful.
If Dominance break below the 41.2 level then expecting it to reach 39 level and that will be great for altcoins. So keep any eye on this support level.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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